The financial crisis in the United States from a behavioral and structural approach

 

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Auteurs: Soto, Jorge Rodríguez, Herrera, Ivannia Bolaños
Format: artículo original
Statut:Versión publicada
Date de publication:2023
Description:The crisis of United States in 2008-2009 was a breaking point for economic thought and application, highlighting behavioral and structural problems. The objective of this paper is to investigate the conjunction of macro-structural factors, associated with economic policy, and micro-behavioral factors in the genesis of this crisis. First, a literature review of crisis theories is present, focusing on structural and behavioral approaches and showing how these two theories are complementary. Then, through the study of economic variables, the connection between these two explanatory theories in the context of the 2008-2009 crisis, were explained. This investigation allows to find evidence that suggests a relationship between both levels of analysis as an explanation to what happened.
Pays:Portal de Revistas UNA
Institution:Universidad Nacional de Costa Rica
Repositorio:Portal de Revistas UNA
Langue:Español
OAI Identifier:oai:ojs.www.una.ac.cr:article/18067
Accès en ligne:https://www.revistas.una.ac.cr/index.php/politicaeconomica/article/view/18067
Mots-clés:Economic crisis
Business cycle
Economic theory
Structuralism
Economic behavior
Crisis económica
Ciclo económico
Teoría económica
Estructuralismo
Comportamiento económico